Immigrants Comprise Significant Share of NYC Economy

Interesting piece about NYC and its immigrants and the Mayor-elect.   - - Donna Poisl

By Genevieve Belmaker, Epoch Times

NEW YORK—The economic power of immigrants in the largest city in the United States is unquestionable. A report released on Nov. 7 by State Comptroller Thomas DiNapoli’s office shows that New York City immigrants have not only rebounded from the recession, but are also earning more now than they did two years ago.

“New York City is very important to the strength of New York state,” said DiNapoli, who added that his own grandparents immigrated to the city from a small Italian village. His comments were made during a press event in New York City on the same day the report was released.

He also touched on the long-term strength of immigrant communities. From 2000 to 2011, the areas of the city with the highest immigrant populations had the most economic growth, according to DiNapoli.
Click on the HEADLINE above to read the rest of this story! This is only a small part of it.